5 days ago
153 days ago
The breaking news today is that Neill Ricketts, the man who must take the credit for Versarien (VRS) shares plunging from 200p at peak ramp to just 0.15p today has filed a series of legal claims against the company demanding even more money. Words almost fail me.
157 days ago
Excuses are like arseholes. We all have them and nobody cares. And so just four weeks after raising £7.8 million at 20.5p Argo Blockchain (ARB) has fessed to a piss poor January but of course it is not its fault. The shares are now 14.75p suggesting that the placees, suckered in by a ramp up to 34p, have already been well and truly bummed. But not as bummed as those private investors who fell for the ramp.
157 days ago
Andrew Bell reckons that David Lenigas knows how to create value. Hmmmm. On the day that Bell appointed Lenigas to drive the “new phase of growth” at Red Rock Resources (RRR), after a last phase of growth that has seen shareholders lost 92% in three years, Lenigas created UK Oil & Gas (UKOG) had yet more disastrous news and its shares are now minus 99.99% down from peak ramp. And you know what? It is going to get even worse.
276 days ago
On September 5 2023 I took Andrew Monk of VSA Capital (VSA) to task for trying to ramp shares in Invinity Energy (IES) on an all expenses paid jolly visiting Canadian fund managers. The shares were then 49p. I do hope that you followed my bear call as, despite Monkey’s wretched protestations, I was bang on the money. The shares are now 28.5p and falling rapidly.
277 days ago
I know Tern (TERN) is running on vapours. You know it and Mr. Market knows it. And as such all that tern can do is issue a wholly meaningless update on its portfolio and hope that the fuckwits who invest in AIM dross buy the shares, pushing them higher and so allowing one last deeply discounted placing to get away, giving it a few more months to limp on. Today’s statement ended with an implausible claim about boss Al Sisto.
303 days ago
Regtech Open (RTOP) is in my view a plain fraud. Listed at 100p on August 25 its shares at peak ramp were 314p within weeks. They are now 11.5p. A peak market cap of £188 million is now less than £7 million and it may well be insolvent. Companies owned by Alessandro Zamboni of the fraud Supply@ME Capital (SYME) infamy were meant to provide loans of £2.5 million by early September but he could not dump enough stock so did not. Revised payments in 4 equal instalments totalling £2.063 million were meant to complete yesterday. Have they?
317 days ago
Late in the day Pennpetro (PPP), the latest worthless ramp of Mr David Lenigas finally published its annual report on its website having lied earlier in the day saying it was already up. I asked yesterday what it was hiding HERE. Well now we know.
376 days ago
Vast Resources (VAST) says that it is “pleased” to announce what turns out to be bad news. I imagine that London’s worst Nomad Roland “Fatty” Cornish signed off on that particular gem well into Friday’s 15 course lunchtime feast. This is all to do with those diamonds locked up in the central bank in Zimbabwe which Vast said back in February would soon be recovered, promoting a massive share price ramp enabling some bailout placings. So, what is the news from Harare?
388 days ago
John Barr founded Mosman Oil & Gas (MSMN) and, alongside Andy Carroll inflicted this abomination on the stockmarket. It was a great penny share pump and promote in the early days The shares are now 0.024p meaning that those who bought at peak ramp just over nine years ago have now lost just a smidgeon under 99.9% of their cash. Today Barr, the executive chairman, has announced he is off as is one long serving gopher, oops I meant NED, John Young.
486 days ago
Without mentioning that he is the chairman, shameless David Lenigas is again ramping shares in technically insolvent Pennpetro (PPP) again as you can see below. You might care to note from where Lenigas is tweeting.
507 days ago
Last night Shanta Gold (SHG) gave a presentation at Proactive Investors. Paying for proactive to ramp your shares is always a bit of a red flag but I reckon Shanta shares are cheap notwithstanding that. However slide 4 of 18 raises, to say the least, eyebrows. It states:
508 days ago
You may remember that when Big Dave was at UK Oil & Gas (UKOG) right at the start of the Horse Hill farce, AIM regulation stepped in to force a retraction of claims that the area contained 6 billion barrels of oil. It seems that Big Dave is at it again.
509 days ago
Wildcat Petroleum (WCAT) lied in its first RNS, claiming to have raised £600,000 pre IPO when, in fact, the cash arrived only after the IPO so allowing punters to sell their stock into a pump and pay for it afterwards. That should have told you everything. At peak ramp just over two years ago the shares were 3.7p. Today they have slumped by 22% to 0.35p but guess what?
534 days ago
Vinanz (BTC) The sub scale bitcoin miner which does crazy deals with pals of its founder David Lenigas listed on the Aquis lobster pot at 3p. Its shares are today, despite Lenigas personally hoovering up any (loose but wise) sellers, still just 3p to sell as nobody is buying the Lenigas bull. Since Lenigas and his pals like Richard Poulden got in at 0.25p they don’t care but instead the company serves up another bullshit spoof.
534 days ago
I am not finished with the ramptastic release from Chill Brands (CHLL) last week about its UK distribution deal with The Vaping Group Limited which is owned and controlled by a Mr Ray Ingleby. The morons think this will be transformative but I have already shown that Vaping is a loss making smaller company HERE and that it operates from a small business unit in Blackpool HERE. But there is far more to come on this…
563 days ago
Scotgold (SGZ) has yet to comment on THESE LEAKED SPREADSHEETS which suggest that it misled the market about output at Cononish in January ahead of a £3 million placing at 40p. But there is now worse evidence of what it was up to ahead of that placing. I refer to the BBC article about a new vein appearing at the mine which saw the shares puffed up to 70p. I had assumed that the BBC was flying solo in bumming its readers.
579 days ago
“Oh dear, oh dear,” as my old friend Old Mother Mike Walters would have said as he apologised for yet another duff loss making, cash guzzling share tip ‘fessing up to bad news. I am surprised Mike has not tipped Aquis listed Valereum Blockchain (VLRM) it is right up his street. Shares in this company were peak ramp 64p, thanks to the efforts of Zak Mir and David Lenigas. They are now 5.5p as yet more confetti is issued. And the worst is yet to come….
587 days ago
In today’s Bearcast I make you a great offer on olive harvesting then discuss Cineworld (CINE), MGC Pharmaceuticals (MXC), Versarien (VRS) and Zephyr Energy (ZPHR), please don’t take offence Cliff as ShareSoc is so much better under your watch than in the bad old days of you know whom! Finally I discuss my knee, my next training walk to the newly famous Marford and back, and ask you to consider donating to Rogue Bloggers for Woodlarks HERE
594 days ago
The tweet below is the latest pathetic attempt to ramp shares in Versarien (VRS) so that it can get away one last placing before June and avoid insolvency. In pushing the fantasy that the company will soon be awash with grant money David Burton of Total Market Solutions fails to mention a number of critical points.
688 days ago
It was only just over two years ago that shares in the fraud Verditek (VDTK) reached 18p at peak Mike Walters ramp. But, like so many stocks promoted by old mother Walters, Verditek was a fraud and now the shares are just 0.6p. This website has exposed the way Verditek has made announcements about big new contracts on a serial basis since 2017, ramped the shares, got a placing away only to ‘fess that the contract was bogus. The problem with frauds, as Mrs Thatcher might have said, is that eventually they run out of other people’s money. That point will arrive within months
692 days ago
The last time we knew the cash position of Chill Brands (CHLL) was at March 31. The company neglected to give any update with its (piss poor) finals or in a trading update a few weeks ago. You can thus guess that the position is pretty dismal and the company is close to running on vapours. Hence 6 RNS ramptastic announcements since September. Today’s is the most wretched yet.
706 days ago
With a majority of just 834 Tory MP, almost, lifelong career politician, Andrew Bowie is probably already trying to find secure employment for after 2024 when he loses his seat. If so he was in the wrong place yesterday as, as a junior export minister, he pitched up to meet the blubbery lardball that is Neill Ricketts, the loathsome boss of Versarien (VRS) which is set to run out of money by Christmas. It won’t be in a position to make him a NED come 2024. From the winner of a reality TV show 21 years ago to a Tory MP who is not even a household name in his own household, Versarien sure pulls in the all the big stars.
706 days ago
Given that Versarien (VRS) is now running on vapours, the pointless creation of loathsome Neill Ricketts is desperate to pump its shares as hard as it can to get a bailout placing away. Yesterday we saw lovable oaf Craig from Big Brother 2001 roped in. Today we see the use of the local rag.
721 days ago
There has been a concerted attempt by Versarien (VRS) to ramp its shares in recent weeks. The reason, though it has yet to ‘fess to it is that it will be out of cash, burning cash and having stiff debts to support by Christmas. It clearly needs to do an emergency placing fast, hence the ramping. Let’s start with the just released video below starring lovable scouse oaf Craig Phillips, the winner of Big Brother 2001.
734 days ago
Even Stevie Wonder can see the writing on this wall. PowerHouse Energy (PHE) is now having to fund the building of its own waste to hydrogen plants having previously said others would do so, it burns c£2 million every half year running the company and it is spunking £1.3 million on a global Technology and Innovation centre. By next Spring it will be out of cash…
737 days ago
Digging a hole in the road should not merit an RNS but when you are desperate to ramp your shares ahead of the next bailout placing, needs must.
751 days ago
The ability of Arthur Millholland to destroy shareholder value while living the life himself is well documented over many, many years at different companies and has already played out as expected at Canadian Overseas Petroleum (COPL). What is NOT stated in today’s trading statement suggests things are going to get much worse. What is said is a desperate ramp to help with the ongoing death spiral conversion.
775 days ago
Yesterday I flagged up the laughable interims from the Richard Poulden/David Lenigas/Zak Mir ramp Valereum (VLRM) in which the company claimed that a £6 million overdraft facility was a current asset. I know that both Poulden and Mir were keen supporters of the bogus cult of Modern Monetary Theory so maybe that is where this all comes from: rather than printing money, Poulden is printing assets. I blamed Ms Heena Karani and advisors Peterhouse for allowing this novel, and wholly bogus, new development in accounting to be published. I was wrong and offer my apologies to Ms. Karani and to Peterhouse. Well sort of.
775 days ago
Okay you did not need the brains of Lloyd George to work out that this was coming but the stench of panic in today’s package of emergency measures from Argo Blockchain (ARB) should un-nerve even Zak Mir as he is paid to ramp these worthless shares.
781 days ago
At just over a penny, shares in Powerhouse Energy (PHE) are down by more than 75% so far this year. At peak ramp on 31 December 2020 they were 9.8p. To all those folks nursing 90% losses thanks to the (undeclared) paid ramping of Zak Mir and the ludicrous claims made by the company including its disgraced ex chairman, the liar and former Tory Minister Tim Yeo, you know who to blame. And it is not me who did warn you, not that you wished to listen.
788 days ago
The twitter feed of Union Jack Oil (UJO), the company that likes to spend shareholder scash trolling and smearing journalists and its own shareholders – really is the most u8tter bilge. Let’s start with the death of the Queen and the tweet below before turning to today’s paid for rampfest with Proactive
797 days ago
The morons are getting terribly excited by an article by my old mucker Mark Watson Mitchell (HERE) suggesting that shares in Westminster Group (WSG) chaired by disgraced ex Tory MP Tony Baldry of the fraud 3DM infamy, are cheap as chips. The article is titled “Giving Money away” But it is all demonstrable bollocks targeting the stupidest investors to try and pump the shares ahead of a bailout placing. That will be the 35th such bailout in Westminster’s tawdry history.
843 days ago
Golden rules of AIM, Number 34: If there is a ‘y’ in the day, Lyin’ Steve Sanderson is either pumping or dumping. On 20 July, just three weeks after the last ramptastic update from UK Oil & Gas (UKOG), came a full operational update.
873 days ago
I start with two examples of utter stupidity from the man known as BlowJo. Then on how Big Corporate is rallying round Halifax and its woke hectoring of its customers. Then onto Nanosynth (NNN) were the share price target is now a fall of 80-00% and Valereum (VLRM), the Richard Poulden NFT ramp where I predict a share price collapse within weeks.
904 days ago
Versarien (VRS) shares have surged of late: last week, they lounged at 15p; yesterday, they reached 24p. This surge is all the more remarkable given the company’s May 12 warning: within a year, it could run out of money. My guess? The spike is driven by chatroom speculation and is, in effect, a concerted pre-placing ramp. In that vein, I have two questions for loathsome CEO, Neill Ricketts:
940 days ago
Sub scale technology investment waste of space company Vela (VELA) has today announced that it has hired a new PR and IR firm Novum to ramp its shares. Novum, aka my old pal Alan Green, I have a question for you about the gap in the website CV of your boss Brent Fitzpatrick, the one linking him to a convicted fraudster and jailbird.
963 days ago
The last two filings at ailing Vox Markets, the company paid by others to ramp their shares, make for interesting reading. Before Christmas, we saw revised accounts for the year to August 31 2020, showing negative net tangible assets of c. £450,000 and negative net current assets of £581,000, up by nearly 50% on the year. So, having corrected all the errors in its first filed accounts, Vox looked bust. I can’t wait for the 2021 accounts. It gets worse.
977 days ago
As explained HERE, sub scale investor in crap companies Tern (TERN) needs to get a placing away by April Fool’s day or it is in deep merde. Hence a desperate attempt to ramp the shares ahead of a visit to the bucket shops for the discounted bailout. Even Tern could not bring itself to make today’s release an RNS. It is an RNS Reach meaning that it is financially immaterial. You will be amazed just how immaterial it is. As such this is a major red flag that a discounted placing is imminent so if you are buying shares in the market today you better lube up.
1006 days ago
As I noted here last week, as things stand that hound from the AIM sewer UK Oil & Gas (UKOG) does not have sufficient cash to pay both its liabilities and its commitments and is burning cash like billy-o. Thus, it needs to ramp its shares aggressively to get away yet another discounted bucket shop placing, something that is imminent. And that brings us to Lyin’ Steve.
1030 days ago
Lyin’ Steve at UK Oil & Gas (UKOG) knows that his company will run out of cash within a few months. Thus he wants to spoof mug punters into buying the shares ahead of the next bailout discounted placing to push the shares higher. How many bailouts has Lyin’ Steve undertaken now? I lost count as we sprinted into double figures. So how to ramp? Announce a share purchase says which ever imbecile is advising him on PR.
1101 days ago
I start with news of two birthdays. Then I look at today’s Superdry ramp from Versarien (VRS), at Wildcat (WCAT), where the FCA has already responded to my missive, and at Nightcap (NGHT) where what I have revealed today is legal but surely stinks to high heaven making the shares utterly uninvestable.
1136 days ago
To be fair, shares in the company are up by 26% today at 0.43p on news that it has finalised and ended a death spiral. But any company that has to use a death spiral is likely to be shit and shares in this company are down by 39.06% over 1 year, 86.01% over 5 years and 96.65% since its IPO just over a decade ago. Truly a penny dreadful, just the sort of stock David Lenigas likes to ramp. Dave’s dog de jour is…
1156 days ago
I have an update on the Union Jack (UJO) placing which I forced it to ‘fess up to last Friday and I can now reveal that worthless ramp Wildcat Petroleum (WCAT) is now seeking fresh equity at almost any price. At 1p, a £21 million market cap is about £21 million too high in my book. I also discuss Jubilee Metals (JLP) and Mark Slater and that links nicely to an IPO I am dodging and I explain why I am passing on what appeared a likeable and competent team. Finally a detailed look at perennial dog Mirriad (MIRI) whose shares are – despite slipping 10% today – still a stonking sell.
1159 days ago
One of the great ramps of the year has been Wildcat Petroleum (WCAT), a poster boy for the sewer that is the Standard List regulated, no sniggering at the back, by the clowns at the FCA. It started its career on December 30th by lying to investors in its very first RNS. It said that it HAD raised £600,000. It had not.
1161 days ago
David Lenigas is to ramptastic tweeting what Colin Bird is to pre placing pumps. He just cannot help himself. Today’s special is a picture of two men in late middle age standing in a tax haven shaking hands. Apparently this is very significant for Aquis lobster pot listed Valereum (VLRM), the crypto play pumped to 80p three months ago as the shameless chartist turned penny share stock promoter Zak Mir called it up to £2, That helped it get away a £1 million placing at 70p. Its shares now trade at 29p but even that is still a staggering 20 times net assets for this loss making business. Maybe three men could shake hands tomorrow in some tax dodging location and that would be even more significant, eh Dave?
1165 days ago
For pointing out what an overvalued crock is Deepverge (DVRG) and how the maths of cashburn did not stack up, its arse of a CEO took to trolling me on twitter, a medium he uses to ramp his shares in an alarming manner. Today’s interims vindicate me and show why anyone believing Brandon deserves all they get. Notwithstanding the company’s Covid play based, literally, on piss and pooh, the valuation is a joke.
1214 days ago
If this is not a sign to sell all your shares I do not know what is. The list of rogues with zero experience of managing money but who are veterans of ramping penny share frauds and promotes who are involved here is such a massive red flag. Lift Ventures was set up with £50,000 from the paid for penny stock ramping site LSE Share Talk on 13 May. The lead director who, it appears, will be managing its investments is Zak Mir who has never managed other folks money in his life bar the generous handouts he got from his parents as pocket money when at Harrow.
1250 days ago
UK Oil & Gas (UKOG), the member of the minus 97% club run by Lyin’ Steve Sanderson, must be ready to pull the trigger on a bailout placing judging by news this week. Indeed there are suggestions that it is already looking to place 2 billion shares at 15% discount to the 0.2p bid so raising a gross £3.4 million, call it £3.1 million net. The pre dump ramp is from Turkey.
1263 days ago
One of these three gents is a good friend (or was, maybe he won’t be after reading this), one is godfather to my daughter and one is a fat and utterly shameless Aussie share promoter who used to think there was more oil in the Weald Basin than in Saudi Arabia and whose latest tweet is below.
1263 days ago
At peak ramp, folks like Zak Mir were telling you that Remote Monitored Systems (RMS) would be drowning in cash from selling gazillions of its high margin face nappies. I warned repeatedly that this was pure fantasy. Today the grim truth has emerged and the shares have slumped. Worse will follow.
1269 days ago
As I have noted many times, following the “disappearance” of the eight contracts Verditek (VDTK) used to ramp the shares ahead of its last bailout placing, it is a company without revenue and now, once again, almost out of cash. And this it seems that equity investors have had enough and so the company has resorted to even dimmer and more credulous punters from the crowdfunding community. I have no idea what Tory Toff Lord Willetts is smoking other than a last cigar marked desperation but this makes no sense.
1278 days ago
They used to be called cash shells but Peterhouse likes to brand its pointless financial creations SPACs (Special Purpose Acquisition Companies) to make them sound more sexy. Of course what they really are, are money making machines for greedy founder investors and rampers like Chris Akers, the Wolf of AIM, and for financiers like Peterhouse who float them on a production line of greed.
1300 days ago
Having ramped shares in Nightcap (NGHT) up to 32p-35p the company’s managers led by Dragon’s Den star Sarah Willingham are, I can reveal, attempting a bailout placing to raise £5-6 million at just 25p. There is no specific acquisition planned and this is simply because less than four months after its IPO it is running out of cash.
1305 days ago
Once upon a time there was only one CBD company listed in the UK, Zoetic (ZOE). It lied to investors, regulators and customers and was pumped by unscrupulous investors and PR veterans of the China fraud scams and its rarity value and the lamentable failure of the woke dullards at the FCA to address all that lying, saw the shares ramped to ludicrous levels. But now more CBD businesses are listing and that throws a spotlight on valuations. The clear read across implication is that Zoetic shares are going to crash.
1306 days ago
Shameless Aussie penny share promoter David “Did I mention that Horse Hill is bigger than Saudi Arabia – Lenigas owns shed loads of shares in a tiny Aquis listed serial dog, Valereum Blockchain (VLRM), which has less than £300,000 cash and – as things stand – no actual revenues. par for the course with a Lenigas ramp. His ramping on twitter is bad enough but he saves the worst excesses for a private Telegram chat room where he assumes, one suspects, that he will not be exposed. Wrong!
1313 days ago
How did Versarien (VRS) get its shares, now c40p, from 10p up to 79.5p in 2017, eneabling 4 bailout placings and offering a platform for boardroom share dumping. As history show that was a grossly inflated valuation. Thanks to Winnileaks I can reveal how.
1315 days ago
Valereum (VLRM) in the Aquis lobster pot has, as of today, zero revenues and – if it is lucky – £300,000 net cash. But mention the magig bitcoin word, throw in a few tokens and some magic beans and, hey presto, promoter David Lenigas and the Sith Lord Zak Mir reckon the shares should hit 60p. That would be a valuation of £38 million. Whatever you say Gents…today’s ramptastic love triangle from twitter is below.
1321 days ago
As his loyal butler presents a plate of a fresh kipper, rushed by the overnight train from Arbroath, in front of Tory Toff David Willetts this morning, his Lordship must be pondering seriously whether Verditek (VDTK), the company he chairs, is, itself, at serious risk of becoming a dead herring. The company has survived since its 2017 IPO by generating not a cent of revenue but by announcing numerous contracts to ramp the shares ahead of bailout placings only to admit later that the contracts have come to nowt. But what now?
1342 days ago
With James Parsons as Executive chairman you know: A) He will make a lot of money, b) He will ramp the shares, c) It will end in tears. It does not matter what the company is, with Dracula at the helm nothing changes. And so on Friday at no-one is watching O’Clock, 4.56 PM, there was news from Slovenia where Ascent’s attempts to deliver a gas project have, it claims, been stymied by the Government. Oh dear, news at that time is never good.
1345 days ago
In this podcast I discuss the idea of “shit investing”. I look at some stocks which are merde like Tiger Royalties (TIR) and Wildcat Petroleum (WCAT) and things David Lenigas might ramp and others which are not and which I discuss in detail, notably Jubilee Metals (JLP) and Summerway Capital (SWC) run by the wonderful Vin Murria.
1358 days ago
Marchale Capital (MAC), the subscale loss-making merchant bank run by upper-class twit Mark “not very nice but dim” Warde Norbury from his family stately home, was last month’s Akers ramp. But now its shares are collapsing as the great spoofer has fessed that he is bailing. I noted in bearcast yesterday that this would happen and that I had repeatedly told y’all.
1369 days ago
I start with the Poulden/Lenigas/Peterhouse/Mir ramp Upper Thames (UPPT). Then it is onto Ridgecrest (RDGC) where I go through the exact timeline of events and all the issues which the FCA should examine in a formal enquiry. Then I have new questions for Zoetic (ZOE) and its loathsome PR Mr Henry Halfwitted-TopHat, formerly the PR of choice to Chinese fraudsters on AIM, about District 8, the RTO and what actually happened and finally comment on the weekend analysis of Versarien (VRS). Both it and Zoetic are shares where my target remains 0p.
1377 days ago
Following its shocking lack of 2020 AND 2021 profits and disappearing cash warning on February 1, Bidstack (BIDS) is close to running on vapours with net current assets set to go negative by the end of May and cash set to run out before then. Oh dear. What to do? Ramp the shares ahead of a discounted placing from the Nomad and broker which signed off on the grossly misleading pre-Christmas trading statement, Stifel.
1398 days ago
All this needs now is for Harriet Dennys of the Mail on Sunday to claim that this company has a £6 million war chest (It does not) and Pineappple Power (PNPL) will show everything that is wrong about UK smaller companies markets, especially the FCA regulated, no sniggering at the back, Standard List. Let’s start at the beginning.
1409 days ago
Most cash shells are the results of failed businesses and have sod all cash and are run either indirectly by Peterhouse Corporate Finance or by out and out scallywags or in some cases both. And most now trade at massive premiums to net cash and have a shareholder list comprising Bulletin Board Morons diluted to oblivion and scoundrel flippers brought in by Peterhouse and waiting to flip into the first ramp. But here is one that is different and worth a small punt.
1416 days ago
The business model of AB McKinley and his LSE Share Talk company is to ramp penny share dreadfuls in return for a fee. At 2.8p, Remote Monitored Systems (RMS) – no sales, cash c£3.5 million, directors sold 40% of the equity before a string of warnings, etc etc – is capitalised at £58 million. So AB is on the case “No need to ramp” he says before, er…ramping away. What a way to spend your life. Having folks like this on board is a classic red flag.
1438 days ago
Sales are vanity. Profit is a matter of opinion. Cash is reality. But if you are trying to ramp your shares ahead of a bailout placing you do not want to talk about cash ( or rather lack of it) or even profits (or rather losses) so you jus bang on about sales. That brings us to Bidstack (BIDS).
1446 days ago
I have no idea why shares in Zenith Energy (ZEN), the worthless, cash guzzling POS which needs me to force it to fess up to bad news, are soaring. Perhaps the photo tweet below from boss, Andrea “the king of socks” Cattaneo might be a clue to the ramp.
1470 days ago
Powerhouse Energy (PHE), the AIM listed green energy ramp run by loathsome ex Tory Minister Tim Yeo of sleaze infamy, has today announced a deal to license its technology in Poland and its shares are racing ahead. But this announcement is a spoof. Do advisers WH Ireland, Turner Pope and Ikon Associates have no shame at all?
1495 days ago
I speak as a type 2 diabetes sufferer, today’s Covid ramp from Vela (VELA) is total bollocks. I also cover stinky share dumping by the Trainline (TRN) bird, Petra Diamonds (PDL), where I am vindicated again but not holding my breath for BBMs to apologise, Wishbone Gold (WSBN), Panthera Resources (PAT) and POS Mosman Oil & Gas (MSMN) – now in the Minus 99% club. Time for boardroom bonuses all round I reckon, as it places again.
1500 days ago
Verditek (VDTK) , a company with negative net current assets and which is burning cash so is technically insolvent has today announced the publication of a research report. Natch, the pathological liars at Verditek deceive investors even with this pathetic attempt to ramp the shares ahead of a placing.
1528 days ago
Last night I revealed how, despite being warned that an article with ludicrous price targets for Supply@ME Capital (SYME) shares was fake, the CEO Allessandro Zamboni tweeted it out causing his cretinous followers to pledge to fill their boots today. Last night there was no sign of contrition but, I suspect, my communications with my good friends at the FCA rather focussed a few minds. So this morning we have an RNS admission of fake news from the company. It is not good enough, Zamboni has committed market abuse and should be in jail and it shows his company is a scam.
1554 days ago
Standard listed Cobra Resources (COBR) is the sort of enterprise that gives Aussie stock promoters a bad name. It has two brokers to pump the stock and do placings as often as possible, the esteemed blue chip houses of Peterhouse and SI Capital. Lots of placings, lots of dilution, but lots of commission, coke and hookers all round. It also employs THREE firms of the calibre of LSE Share Talk to pump the stock to mug punters. But an RNS release of 17 August surely goes a step too far.
1560 days ago
Cripes! This is beginning to make Tesla look like a deep down value play! There were, when I stopped counting at just before 5 yesterday, more than 150 posts on the ADVFN Bulletin Board. All ramptastic nonsense but as of now Supply@ME Capital (SYME) is the biggest riser in London at 0.315p and is valued at £69 million. It is worth NOTHING. Please remember 4 key facts:
1590 days ago
Okay, this is not a £226 million investor mislead. But as near insolvent Supply@MECapital (SYME) tries to ramp its shares ahead of some sort of financial bailout I can state categorically that someone is telling a 100% slam dunk outright lie.
1598 days ago
Earlier today I flagged up an email t0o the great and the good from disgusted Chariot Oil & Gas (CHAR) shareholder Mo Majid which raises major questions. Now, thanks to Winnileaks I publish two of the 17 emails sent by Mo to the company and its evil PR spinners Celicourt wheich went unanswered. they raise grave questions about Chariot and also about its use of Fat Bastard, the whore blogger, Malcolm Graham Wood to ramp the shares. Enjoy.
From: Mohammad Majid
S
1619 days ago
As I explained in some detail in my first new video show three weeks ago, Novacyt (NCYT) senior managers, notably CEO Graham Mullis, are massively incentivised to ramp the shares as hard as they can up to October 17. If they achieve peak ramp they will clean out the company’s cash reserves, leaving the PLC gasping for breath as they shout “Ching! Ching! And buy top of the range Porsches.” The full scheme is explained HERE
1630 days ago
Having failed to cure cancer, almost out of cash ValiRx (VAL) needs another story to ramp to allow its low-life brokers Peterhouse to get another discounted placing away to its spivvy flipper mates. Ahoy is that a bandwagon I see in the distance? Yes it is the Covid Express. Time to jump aboard.
1630 days ago
Attis Oil & Gas (AOGL) formerly Mayan Energy and Northcote Energy has long been a stain on the underbelly of the AIM casino. Today it enters a new chapter of infamy and once again the architect is broker Peterhouse Corporate Finance. Before today there were 3.9 billion shares in issue. Now, following a debt for equity swap and a placing at just 0.0115p, there are 14.7 billion and Peterhouse has been given enough warrants to take the fully diluted total to 15 billion.
1630 days ago
I have covered the shenanigans at Peterhouse & Chris Akers ramp All Active Asset Management (AAA) a number of times, notably HERE. At 2p it is valued at £15 million its net assets are, at best, £5 million. Now we have news of management change and this makes the stench ever more overwhelming.
1666 days ago
Here we go again. Grace Slick could have been thinking of Peterhouse’s antics – as exposed here - when penning her most famous number “When logic and proportion, Have fallen sloppy dead” Exactly. So what is the ValiRx (VAL) white rabbit?
1677 days ago
I start with an admission that I am a total git. The ShareProphets Shares Conference is on 9 May (Saturday) not 8th as I had suggested. I am a git. I apologise. Please book your tickets now HERE. Then I deal with Falanx (FLX), the bearded millionaire tosser Branson trying to have it both ways, Iconic (ICON), Catenae (CTEA), my pension fund where I am si grateful to James Hay for being so useless, negative oil prices and which companies other than Nostra Terra (NTOG) will go bust and the laughable ramp at Chesterfield Resources (CHF).
1681 days ago
I start with a note on Bidstack (BIDS), which I shall be taking up with AIM Regulation over the weekend and end with Future (FUTR) which needs to issue a profits warning. In the middle I go therough the very murky tale at AIM listed All Active Asset (AAA) which sees uber ramper Chris Akers in action and Peterhouse Corporate Finance boss Peter Greensmith make a £768,000 killing in his private vehicles while acting as broker and pulling the strings at AAA and also acting as broker to suspended AIM stock Asimilar which is involved in this strange tangle. Then it is onto Optibiotix (OPTI) and a small placing. But this is not a bailout as Cynical will no doubt claim but,possibly a gateway, to a mega re-rate as I explain.
1771 days ago
Uber ramp Versarien (VRS) refuses adamantly to break out how much of its business is actually involved in graphene. It is the graphene hype which explains why the shares are at 79.5p valuing the company at £122 million. The legacy non graphene activities may generate real sales but will never be material cash cows and thus are fundamentally almost worthless. So how much does Versarien actually make from graphene?
1779 days ago
Say what you wish about shameless ramper Neill Ricketts of Versarien (VRS) but he is a man who would turn up at his local Women’s Institute meeting if there was an opportunity to ramp his shares. He’d never turn down an opportunity, however small, for a spot of ramping. But right now he is embroiled in a regulatory tangle with his Nomad and AIM Regulation over the secret Discord Group exposed HERE and HERE. Ricketts was set to fly on Tuesday of next week to host a lunch in God’s chosen lands of Ulster…
1816 days ago
It is day 1 of the olive harvest and ShareProphets reader K is a hero. I swear he is a closet bubble. I give a progress report on that and then turn to Fastjet (FJET), Versarien (VRS), the useless FCA and mini bonds and the imploding and smelly ramp that is Eurasia Mining (EUA).
1829 days ago
I want to get in there before my colleagues and flag up that the valuation of the ramp du jour AFC Energy (AFC) is absurd and that the company is drowning in red flags. Reading some of the Bulletin Board posts this smells just like Cloudtag although obviously it is not a Norfolk. Natch. I want to makle that clear.
1851 days ago
In today’s podcast I look at the looming General Election, at a pathetic excuse from Hargreaves Lansdowne (HL.) for not commenting on Neil Woodford, at Sound Energy (SOU), the ramp du jour Euraisia Mining (EUA), at the scandals at Tern (TERN) and Big Dish (DISH) and what they say about the institutionally useless FCA and AIM Regulation and at the profits warning from Empressaria (EMR).
1903 days ago
The AIM casino ramp de jour Versarien (VRS) has made great claims about its US operations but if you start digging it all looks rather less transparent so here are a few easy questions for the twitter obessessed CEO Neill Ricketts.
1975 days ago
In the first half of this podcast as I look at UK Oil & Gas (UKOG), Angus Energy (ANGS), Brockham, Horse Hill and the Weald Basin ramp I am joined by comrade Brokerman Dan. Then, alone, I look at Woodford Patient Captal Trust (WPCT) including the key missing info in today’s bullshit RNS, Costain (COST), Versarien (VRS) and Mirriad (MIRI).
1985 days ago
Once upon a time, with its shares at 82p, Sound Energy (SOU) was valued at c£500 million. But no institutions were backing it, this was just a ruthless private investor ramp. It worked but you cannot keep plates spinning forever and drill failures in Italy and Morocco brought the shares crashing down. Today there was a final kick in the gonads for the mug punters suckered in by CEO James Parsons and others.
2000 days ago
In today’s bearast I take a detailed look at Sub Standard list Bermele (BERM) which is over-ramped, dripping in red flags and been pushed by shamed Bulletin Board Moron Aberdeenman. I also explain why I shall, tomorrow, be asking the Met to investigate whether Julie “lingerie on expenses” Meyer and her lawyer Peter McGrath might as a result of this be perverting the course of jiustice as I have news on the FCA’s criminal investigation into Meyer which seems to be ratcheting up. I am not accusing either of this serious crime merely asking the Met to see if something awry is taking place.
2078 days ago
Well before the end of June, Tomco (TOM) needs to get away another placing to avoid crash landing in its up alley. To that end, the £3.9 million market cap at 4.3p is a complete rum 'n; coke. Bt the ramp is underway ahead of the next bailout and thus we have a statement today which has failed to impress the City's No 1 oil analyst. Zac "the knife" Phillips of SP Angel writes:
2113 days ago
I told you on November 8 that shares in Accesso (ACSO) would halve as I published a major short dossier. Oh how my critics laughed and scoffed for they all know better. Well it has not taken long for it to be ouzo time and vindication again at Sheriff of AIM Towers. I discuss DP Poland (DPP), Fox Marble (FOX) and a shameful ramp by Brokerman Dan, that is to say Dev Clever (DEV)
2116 days ago
I start with my big moral dilemna - listeners do you have any advice? Then I look at another day of shame for AIM ref Maestrano (MNO) and, more particularly, Immotion (IMMO). I look at Gama Aviation (GMAA), Numis (NUM), Finncrap (FCAP), Greatland (GGP) - another Dave Lenigas twitter ramp heading south - and at Avanti Communications (AVN)
2116 days ago
Below I bring you three tweets from the great promoter himself, Mr David Lenigas urging folks to buy Angus Anergy (ANGS) shares at up to 14p as recently as six weeks ago. Uh Oh those in his flock of followers who bought into this ramp must be feeling a tad sick today with the shares at just 5.5p after a statement that raises big questions about Paul Vonk, ousted as CEO last week and the matter of material non disclosure.
2116 days ago
After today's cache of bombshell emails exposing the fraud at Frontera (FRR) folks will have even more questions for the whore blogger Malcollm Graham Wood who ramped the shares shamelessly in return for, undeclared, payments from Frontera. In light of this I have unearthed this pic of the Fat Bastard with his back to the camera helping the Police with their enquiries. Please supply suitable captions in the comments section below with a deadline of midnight tonight.
2136 days ago
I rather suspect he has shares in this one..
2145 days ago
Where to start? This is laughable unless you are one of those suckered in to buying shares in Angus Energy (ANGS) by the diarrhoea of pre-placing ramp tweets from shameless Big Dave Lenigas. Then it is a bit of a tragedy. Today’s newsflow is hilarious.
2195 days ago
If you are a proven liar like Steve Sanderson of UK Oil & Gas (UKOG) who won't buy any shares in his own company but wants to ramp them ahead of the next placing what do you do? Easy. Pay Sharetalk (we will interview anyone who pays the fee) to record an interview with the Sith Lord Zak Mir who makes Justin the Clown look like the Spanish Inquisition and ramp away. Today's podcast is a classic bit of Leni-maths as Lyin' Steve explains to a credulous Zak how to value an oil stock and why UK Oil & Gas could be worth hundreds of millions of pounds if not more. Of course Lyin' Steve is talking utter crap as I explained HERE. Meanwhile enjoy...
2204 days ago
The full year results from Online Blockchain (OBC) do not look that terrible until you compare them with the interims at which point you start to ask just when will the money run out. This statement is terrible and, understandably, the shares – 200p at peak ramp earlier this year – have slumped another 3p to 22p-27p. Ouch.
2236 days ago
Broker Shore Cap insisted that shares in Sosandar (SOS) were worth 50p. Thirsty Paul Scott gushed about how they were potentially worth far more and after such massive pumping the stock hit the mid forties at which point it was valued at around thirty times historic sales. Insanity. And then the shares started sliding, falling from 44p at the start of this month to 36p yesterday. That must have been enough to turn anyone to drink. Whatever could have been happening… oh yes…
2266 days ago
Having failed to ramp shares in UK Oil & Gas (UKOG) on the back of its utterly misleading RNS yesterday, an episode discussed at length here, Big Dave Lenigas tried to deflect attention by launching an amazing rant at anti drilling protesters at Horse Hill. It started off as only semi-Musk but by the end, as you can see below, it was alarming.
2279 days ago
Grossly overvalued AIM listed piece of crap Frontera Resources (FRR) is running on vapours. It has less cash than your average Venezuelan and is burning it at an alarming rate. Despite the best efforts of disgraced PR man Tim Thompson of scumbags Yellow Jersey PR and the whore blogger, Malcom “Fat Bastard” Graham Wood to ramp the stock, it has more than halved since May 1 and is now just 0.22p to sell. So what price is the looming bailout placing going to be at. You guess in our reader poll, the deadline to enter is midnight tonight:
2286 days ago
I do not wish to fall out with my pal Brokerman Dan or with PR Genius Steffi but I think that their enthusiasm for Andalas Energy (ADL) is misplaced because the company is just not being 100% upfront with investors about its new great hope, the Badger prospect in the North Sea.
2353 days ago
We forced a statement last Friday and, today, UK Oil & Gas (UKOG) says it has completed an “oversubscribed” placing at 0.9p. FFS these bastards have a nerve. How they abuse and insult the owners of this company, its shareholders.
2361 days ago
This tweet below is just one of a number of bullish tweets about Horse Hill where the biggest investor is UK Oil & Gas (UKOG) made by David Lenigas the founder of UK and, as far as we know still a shareholder. Today it has been forced by me to fess up that a bailout placing is underway. The problem with Big Dave's tweet is that it is bollocks. As to the idea that it is a pre-placing ramp, no way Jose, not David Lenigas, this is just a coincidence.
2374 days ago
Hooray. After this week's doorstepping and podcast special and the work back in Bristol this is a great day. I suspect it is game over and discuss the probable demise of Folli Follie. Never buy a stock on a PE of 1. Elsewhere I look at rumours concerning Nomad Northland, at Echo Energy (ECHO), the fraud MySquar (MYSQ), my letter to Julie Meyer HERE, Sound Energy (SOU), Westminster Group (WSG) - with its revolting chairman ex Tory MP Tony Baldry - and Frontera (FRR) and its latest pre placing ramp. Now come on chaps, if you enjoy bearcast - and I know 1000 of you do every day - please donate £10 NOW to the Woodlarks charity walk - HERE
2392 days ago
Another day and another bullshit announcement from the company whose main business is issuing new shares while claiming to be an oil explorer, Frontera Resources (FRR). the timing is handy for Frontera is hosting a City presentation for mug punter Private Investors tomorrow. It all smells terribly as if more confetti is on the way. Let's start with the bullshit RNS.
2403 days ago
Oh dear it is another bad day at the office for Neil Woodford. First up I answer the question posed by Cynical about the great man HERE. Then I look at the disasters one of which told a monstrous lie in its RNS today: Mereo BioPharma (MPH), Mirriad (MIRI) and Hvivo (DOG). Then I look at Concepta (CPT), shares in which we own, Nighthawk (HAWK) and its dead cat bounce and finally at uber ramp Sound Energy (SOU) and what a CPR based on 2D seismic really means, i.e. Jack shit.
2454 days ago
In today's bearcast I start with a reader complaint but then he is a tosser so who cares? Then it is onto looking at the differences between the funding facilities at UK Oil & Gas (UKOG) and MySquar (MYSQ). I am bearish on both but the differences in the two packages are instructive. I look at Nature Group (NGR), Jim Mellon's uber-ramp FastForward (FFWD) and at Purplebricks (PURP) is the Neil Woodford bubble about to burst again, as even former supporters like Paul Scott admit my analysis was right and theirs wrong.
2474 days ago
Two days ago Mosman Oil & Gas (MSMN) , share price at peak ramp 44p, put out its latest meaningless RNS. But it was the pump and I am afraid to say that the City's No 1 oil analyst Zac Phillips and his colleagues at SP Angel played their part....
2496 days ago
Folks can ignore the warnings of myself, Nigel Somerville and Waseem Shakoor about the overvalued ramp stock Frontera (FRR) if they wish. But the City's No 1 oil analyst Zac "The Knife" Phillips has just published a very specific and damning note. No doubt "fat bastard" Malcolm Graham Wood will ignore this real analysis as he continues ramping the shares with misleading statements in return for generous cash payments to buy yet more pies. But it might pay the Bulletin Board Morons to listen to someone who is not on the payroll and does know what he is talking about. Over to The Knife...
2498 days ago
I am sure that having bought the duff Italian assets of Sound Energy (SOU), Saffron Energy (SRON) shares will be aggressively promoted when they return from suspension. All the usual suspects in team ramp are already making initial noises. But should we really get excited? The City's No 1 oil analyst, Zac "The Knife" Phillips of SP Angel thinks not and opines today:
2540 days ago
Yes I have spent much of the morning in conversation with folks in the City of my birth. I do have an Oxford degree - does Larry Cummins of Milestone (MSG)? The questions mount, the shares are tumbling - I explain whay happens next. I look at the latest bullshit from holocaust denying fraudsters MySquar (MYSQ), comment on the pointless ramp of boiler room dog Inspirit(INSP) on UK Oil & Gas (UKOG) and on Anglo African Oil (AAOG) and finally have a few words on a stock we own, Sosandar (SOS).
2549 days ago
I start with a few comments on the thoughts of top broker Andrew Monk who is normally bang on the money but on a couple of recent points wrong. Then it is onto Conroy Gold & Natural Resources (CGNR), Karelian Diamonds (KDR), Fishing Republic (DOG), Bushveld Minerals (RAMP) and ITM Power (ITM).
2564 days ago
Ramptastic - if not entirely transparent RNS releases, Bulletin Board and twitter ramping by all the usual suspects with ludicrous price targets, no cash. What on earth did you expect was going to happen next at perennial uber dog Mayan Energy (MYN)? As those who were paying up to 0.9p at peak ramp just a few days ago contemplate how they were used to get away a £2 million placing at 0.6p they should have very serious questions for London's worst Nomad Roland Fatty Cornish who has signed off in recent ramptastic releases. Enter the fray Zac "The Knife" Phillips of SP Angel, the City's top oil analyst who has 14 questions that a Nomad with a shred of integrity and competence would have asked before allowing the releases. Over to The Knife who writes:
2573 days ago
Two are mega ramps and their valuations are insane and Waseem Shakoor is (rightly) short. The other one is one he owns. Which do you think is the value play? Here's what Waseem tweets:
2577 days ago
The bear raider and professional northern git has been tweeting frantically with what he believes is photo evidence that key kit has been removed from Broadford Bridge meaning that UK Oil & Gas (UKOG) cannot be flow testing the well. That would seem odd as UK Oil needs good flow data to ramp the shares ahead of the bailout placing it so urgently needs now that all its cash has been spent. Curiouser and curiouser.
2581 days ago
I start with Starcom (STAR) whose statement as it announces a placing is pure unadulterated bullshit. Do the crony capitalists who put this shite out take us all for morons? Then it is onto Altitude (ALT) whose shares are up by 19% today valuing the company at £32 million. Maybe I am thick ( don't comment on that!) but I just cannot get my head around that valuation and explain why. Finally onto Altona Energy (ANR) and related ramp Uru Metals (URU). This is the latest POS to get the full ramp treatment and I explain why its share price is absurd.
2582 days ago
Shares in uber-ramped Echo Energy (ECHO) were suspended today after a sharp share price move on Friday forced an admission from the company. Hmmmm, heavy share dealing just before a big announcement. But this is AIM, the world's most successful growth market so that is just a total coincidence just like it always is on the casino. Move along gents..nothing to see.
2591 days ago
If it sounds too good to be true, it is too good to be true. That brings me to the Cascade (nothing to do with Bill Gates) ramp and Servision (SEV) and a detailed look at why it is utterly worthless. I look at the bogus French bid stories at UK Oil & Gas (UKOG) and how the Froggies are actually dumping the shares ahead of a bailout placing and because they are monstrously overvalued. Its also placing ahoy at Magnolia (MAGP) and Andalas (ADL) which is so shite it makes UKOG look like BP. I look at Blenheim (BNR), the boardroom departures and why its shares are 50% overvalued. Finally I try to work out how soon Condor Gold (CNR) will have yet another placing and why I would not back it at any price.
2595 days ago
There is another update on the potential claim against Nomad Cantor Fitzgerald for its negligence in allowing the fraud African Potash (AFPO) to post utterly untrue statements to ramp its shares ahead of a rescue placing. Peter Petyt who is co-ordinating a claim for more than 100 aggrieved shareholders writes:
2595 days ago
The shares are tanking said the PR man to lyin' Steve Sanderson, CEO of UK Oil & Gas (UKOG). How will we get the bailout placing away? I know said Lyin' Steve, let's put out a ramptastic operational update. And so lo and behold Lyin's Steve issued the release and the Bulletin Board Morons fell for it (again) and the shares zoomed from 4.05p to 5.35p-5.4p. It is placing ahoy.
2630 days ago
Boom boom! I suspect that once again the Mrs will regard that that title as rather crude as she did with this offering the other day. I discuss that topic which is close to the heart my old friend Jim Mellon. Then I look at MySquar (MYSQ), a disaster waiting to happen and its link to disgraced Bell Pottinger. Then it is onto Avanti (AVN) before I issue another warning about 88 Energy (88E) not that the morons trying to ramp it will listen. Finally I look at strange share price action and hard maths for Zibao Metals (ZBO)
2633 days ago
Remember Horse Hill? That was the original breakthrough site for UK Oil & Gas (UKOG). It was the Gatwick Gusher. It was the site that lyin' Steve Sanderson claimed contained a billion barrels of oil. Then he said he never claimed that. Then a video emerged of him saying that. So is that one big lie or two? Anyhow as UK Oil & Gas tries to ramp its shares ahead of a placing we have more ramptastic news from the Hill.
2666 days ago
Having rather publicly fired its old retained broker Brandon Hill Research on 31 July for being sensible, Echo Energy (ECHO) has today announced it has a new broker Hannam & partners. Who? I must admit that I have never heard of this firm and an RNS search shows it acting for just one other London listed company as its retained broker. But maybe it has a big research capacity to ramp the shares? er...
2672 days ago
Echo Energy (ECHO) the overvalued wannabee oil explorer has today announced that it is firing its retained broker Brandon Hill. This is most unusual.
2675 days ago
AIM Casino uber-ramp MySQUAR (MYSQ) 'fessed up on Friday that, as I had revealed 24 hours prior, a placing was underway but it insists that it does not need the cash. Really? I want you to consider a few numbers.
In the six months to December 31 total costs were $1,926,926.
2687 days ago
Shares in Advanced Oncotherapy (AVO ) are again tumbling on this fine summer's day. Oh what joy it is to be alive. 350p at peak ramp less than two years ago, they are now just 10.75p to sell. Ouch, I just love the smell of burning share certificates belonging to Bulletin Board Morons in the morning. So what crisis looms? Take your pick.
2699 days ago
AIM ramp de jour MySquar (MYSQ) has today boasted that in the last days of June as daily sales reached $8500 "the business has reached a very significant milestone of achieving run rate operating breakeven". Er..can you smell the red herrings - they are hidden underneath the red flags.
2790 days ago
Heck my family has been waiting 40 years for this day as I explain HERE you must allow me to have some fun! To the markets and I have a detailed look at Sabien Technology (SNT) which is talking absolute bollocks today, at Johnston Press (JPR) and then at China New Energy (CNEL), today's ramp of choice but which stinks to high heaven. Then I discuss whether I have been too harsh on Advanced Oncotherapy (AVO). The answer is that I have not been hard enough. Ahead of a GM on Friday which I am attending the stance remains sell with a target of 0p.
2811 days ago
No doubt the spivs are on the ramp again but shares in Independent Resources (IRG) have dived by 30% to 0.415. That is because the stock has today on ex-rights on the open offer announced today. If you buy now you do not get to take part in a 2 for 3 offer at 0.065p! So do the maths again.
2818 days ago
On 24 August 2015, Eden Research (EDEN) announced its now infamous deal (aka massive panama pump fraud) with TerpeneTech. That fraud is now unravelling big time as explained here. But let us revert to the RNS of 2015 which stated :
2829 days ago
In the main bearcast today I touch on the Cloudtag (CTAG) fraud but that is really covered in its own bearcast HERE. I do look at RapidCloud which was suspended today and will lose its AIM listing in a month. Who warned you that this would face a "terminal conclusion" 149 days ago? Was it PR wankers Walbrook or Nomad WH Ireland or savants on the LSE Asylum? Er no, it was me HERE. I then look at Challenger (CHAL) a zero in waiting, Iofina (IOF) and IGAS (IGAS) both of which should also be zeros. I commend today's excellent piece from Nigel, the Deputy Sheriff of AIM, on the Servision (SEV) scandal HERE. I take Nomad Allenby to task for failing to comment on this and for allowing Servision to mislead mug punters. AGAIN. Finally I take apart overvalued ramp Wey Education (WEY). Its shares are up 33% today. That is a ramp not a reflection of value.
2874 days ago
AIM (very) bad boy Advanced Oncotherapy (AVO) did its best to ramp its shares following the shock loss of its entire order book back in November. Or was it October? Glitzy promo videos and spoofing share purchases by NEDs phased out to have maximum effect on fooling the gullible managed to get the shares back to c90p. But now folks are looking behind the smokescreen of bullshit and the shares are tumbling again, to 73.5p. Since this company has committed securities fraud my target remains 0p. The questions are mounting fast.
2874 days ago
New Year's resolution number nineteen. If a Cloudtag (CTAG) moron who does not follow you on twitter tweets at you ten times or more in a couple of hours do not bother replying. A person like @PhilipHomer is obviously deranged so just block the loon. Meanwhile for those wanting to set their clocks by the annual CES ramp, Nigel Somerville has a Cloudtag calendar just for you, below.
2879 days ago
in this bonus bearcast I compare the ramp de jour of the moment (Cloudtag (CTAG)) with that of eighteen months ago, African Potash (AFPO). It is shocking how similar the two cases are and the results will also be the same. In this podcast I reference the work of Waseem Shakoor in exposing both frauds and of my hero, Sam Antar, on the psychology of stockmarket fraud and how it plays out here
2892 days ago
And so today we have another revelation, this time from Nigel, showing how the rotters at Cloudtag (CTAG) have once again lied to investors in an RNS. I say once again because we have now lost track of the number of times this has happened. And the lies have been told with deliberate purpose: to pump the share price to allow both insiders and those backing placing after placing to dump stock at inflated prices. This is fraud. Yet Nomad Cairn continues to sign off on these lies issued via RNS, to tolerate CEO Amit lying in podcasts and videos to ramp the shares. So I have written once again to Cairn and cc'd in AIM Regulation
2918 days ago
The return of the Bulletin Board Moron of the week (tweets are also allowed) contest saw a myriad of entries and Cloudtag (CTAG) is clearly the ramp de jour of the BBM Community although a few followers of African Potash (AFPO) seem pretty deranged. You can see the many splendid entries HERE but the winner is...
2920 days ago
How on earth can Nomad Cairn continue to act for the fraud Cloudtag (CTAG) as it today fesses up to another pre-placing hoodwinking of investors? After the Second Chance guaranteed sales of $5.2 million RNS ( 4 days before a placing) statement was exposed as a big fat lie, now we turn to the US distributor Cities.
2946 days ago
In this podcast I look at the Hillary Clinton bombshell and what it means for the election and shares, something I cover in more detail HERE. Then I explain insider dealing and the difference between how I treated Reach4Entertainment (R4E) and Cyan (CYAN). Finally I suggest that heads must roll at Northland over the Management Resource Solutions (MRS) scandals.
2958 days ago
Another day and another ramptastic RNS emerges from the Icewine jam tomorrow factory owned by 88 Energy (88E). What we really want to see, of course, is the quarterly report for the three months to September 30th showing just how much of the June 30th net cash of A$20.3 million has been spunked away to money heaven. The answer to that will explian today's ramping.
2962 days ago
Have you looked at the chart of AIM dog Mkango Resources (MKA)? It is a corker. It is all down to the looming cash crisis and that is why the shares now trade at 3.5p-4p which is below the IPO fund-raise price from June 15. That tells you how much trouble this piece of Turkish is in.
2966 days ago
FastForward - On the ramp again, guess cash must really be low and it's placing ahoy
Lorne Abony must have needed a holiday because having been running at more than one RNS a week for most of the year things went quiet (relatively) in August and September at FastForward Innovations (FFWD), the second most self-ramped stock on AIM. But now old Lorne is back in full ramptastic mode with two announcements in two days at the end of last week.
3010 days ago
Sheep shagging buffoon Justin the Clown is unrepentant after the Andalas debacle and yesterday transmitted a podcast with the CEO of Cloudtag (CTAG) which is the Bulletin Board Moron ramp de jour. In this podcast I tear into the Clown but also into Cloudtag explaining all the reasons why it is a sell and flagging up the issues the Clown would not tackle as he sucked up to another CEO on the ramp and his moronic audience.
3023 days ago
Over the weekend we revealed how Strat Aero's PR man boasted of pretending to be a Bulletin Board Moron, sayitlikeitis, to post rampatstic nonsense on the LSE & ADVFN asylums. He was paid to ramp the stock with ludicrous claims and comments but some folks do it for free!. Please nominate your BB ramper of the week posting the most ludicrous claims you can find on boards or on twitter (so Big Gob tweet ramps are eligible) in the comments section below with a deadline of midnight Sunday 15th August. Ramps on any stock are eligible.
3029 days ago
Cloudtag (CTAG) the AIM listed jam tomorrow producer staged its last placing on July 14 but will again have negative net current assets by September 1 and is thus serving up more ramptastic PR bollocks to its moronic shareholder base to ramp the stock ahead of the next confetti issue. Today's "Binding Heads of Terms Signed with US Partner" RNS puffery was a classic.
3029 days ago
Wow! Blenheim Natural Resources (BNR) just got an option to buy 7.5% of a great company for just £1. And the company has an amazing gold and copper asset in Bongo Bongo land. It sounds almost too good to be true...precisely. Caveat emptor this looks like a pre placing ramptastic load of horseshit. So lets investigate and "fiske" the news.
Blenheim says that it:
3034 days ago
Those lucky folks who got in on the most recent bailout placing for AIM dog Starcom (STAR ) in March at 1.5p have done brilliantly. The shares now trade at 4p mid and this is now le ramp de jour for certain morons on twitter and the bulletin boards. But the valuation is surely insane at £5.4 million given the ongoing losses, painful lack of tangible asset backing and the inevitability that another placing is imminent.
Starcom makes interactive padlocks and places some store on the latest release of its flagship product Watchlock (Pro version). But
3034 days ago
On 6th January 2016 African Potash (AFPO) announced a major sales deal. Six days later it got away a bailout placing. Gradually over the months that followed that sales deal was shown to be bogus, a sham, not worth the loo paper it was written on. But at least the ramp allowed this AIM Casino posterboy to get its placing away. Now the bastards are at it again. 30 seconds on Google is enough to make you doubt a word this company says as it tries to get another bailout placing away. African is teetering on the verge of insolvency.
3040 days ago
I start with the bad news for whoever owns Fred Olsen. I think look at Octagonal (OCT), Blur (BLUR), much ramped Keras Resources (KRS), XCite Energy (XEL), Magnolia Petroleum (MAGP), 88 Energy (88E), Highlands Natural Resources (HNR), Sareum (SAR) and then a joke IPO called Widecells (WDC), which listed yesterday and is now the subject of a ramp. Feel the stem cells. No actually don't. Just sell.
3044 days ago
Highlands Natural Resources (HNR) is shameless in the way that it announce the most fantastically misleading news to ramp its shares to get another covert placing away. Today's announcement is a total shocker. It is paying $500,000 for the right to pick up 100% of the costs but just 80% of the revenues from six wells in Colorado. The numbers sound great...sadly they are just plain old bollocks as 10 minute's research on the internet shows. Highlands states:
3049 days ago
I spent the morning at an ante natal class with the Mrs. Hell's teeth I am a feminist don't you know? But the whole experience left me feeling just rather old and I discuss why. Then it is onto today's ramptastic news from Horse Hill and I explain what it actually means. I waltz through Gulf Keystone (GKP) - bear squeeze - Stanley Gibbons (SGI) - recovery play? - and Guscio (GUSC) - Nigel Wray play. Then it is onto Tern (TERN), Gable (GAH), IGAS (IGAS) and Golden Saint (GSR) where I discuss why today's RNS really is just bollocks and how bulk sampling really works.
3054 days ago
How on earth did hapless Nomad Peel Hunt sign off on what Jim Mellon's FastForward Innovations (FFWD) terms a "strategic update" but is in fact nothing more than a shameless pre placing ramp.? My comments are in bold. FastForward's are not.
3059 days ago
Dave "Rule breaker" Whitby and his colleagues at AIM Listed Piece of Turkish Andalas Energy (ADL) are on the spoof again with a ramptastic RNS saying nothing at all of of any interest whatsoever. Folks know Whitby's game and the shares are off at just 0.165p because what is really happening is the start of the ramping that proceeds a deeply discounted placing. Next up a soft interview with Zak "Judas" Mir, a podcast with Justin the clown or a presentation at a Proactive seminar? Perhaps a buy note from Edison? We have seen the Andalas ramp before and surely no-one is stupid enough to buy it again?
3075 days ago
Oh dear, Oh dear, Oh Dear, over-ramped POS Glenwick (GWIK) is deep in the merde. Its shares were unsuspended at 3 PM today following the collapse of talks about an RTO. They had been suspended on 23 May.It gets worse.
3079 days ago
Beaufort Securities is joint broker to grossly over-ramped Advanced Oncotherapy (AVO). That means a fat retainer and also a good slug of the commission earned for the regular placings this company needs to keep paying its bloated boardroom payroll and other costs. The commission on the May 2015 fundraise at 8p would have been £1 million. Coke & hookers all round! Except for the shareholders, that is, as the share price is now 5.25p and its going to fall further as the next placing is imminent. So how do you ramp a stock ahead of a placing?
3094 days ago
Oh dear, Oh dear, when even those you pay to produce buy notes, refuse to promote your shares you know that you are in trouble. Equity Development, which has been pumping Fastjet hard since 2013 has today said it cant set a target price any more. Cripes, I suppose that if FastJet can spare a few quid it could always get Gollum and Zak Mir to ramp its shares but back to those paid for rampers we can take, at least a bit, seriously.
3094 days ago
It is good to see that Inspirit Energy (INSP) is spending the £750,000 from the bailout financing of last month wisely. Canapes and stockmarket hookers all round.
I refer to an RNS out today saying that there is a canapes and nibbles evening on June 14. So here is how it goes. Back in the autumn of last year Inspirit paid to appear on t1ps TV to get a soft interview from Zak "Judas" Mir. t1psTV did not disclose the payment and CEO John Gunn assured the world that no placings were needed even though that was patent bollocks. Ramp, ramp and ramp again.
3135 days ago
I start this podcast with a bit of a reflection on one or two excellent pieces this weekend notably my own stuff on African Potash (AFPO) and the Horse Hill ramp but also the cracking piece today by Cynical Bear on Fast Forward (FFWD). In the bearcast I also look at a stack more Brexit lies as well as discussing why Rob Terry has broken cover and where the SFO is with its investigation into the fraudster.
3141 days ago
Dave Whitby of Anadalas (ADL), what was once uber ramp CEB, should be in prison for his crimes against AIM. I have linked at the side of ShareProphets to an article by someone who was in prison once, Brokerman Dan, on Andalas and the old bank robber is bang on the money. In five days this company could be booted off AIM. It wont, I think, but will survive only by doing things that stink to high heaven. I also discuss today's Project Fear lie, this time on fuel prices
3152 days ago
Since March 3 in 25 working days, my old pal Jim Mellon's AIM casino listed FastForward Innovations (FFWD) has released 9 ramptastic good news RNS statements - one every three days. Since 31 March it has released 6 statements - that is to say almost one a day. It is almost as if Jim has been taking lessons from the master, Mr David Lenigas, on the art of the blizzard of ramptastic releases. Yet another placing with your tea vicar? It is also the nature of the releases that concerns me.
3166 days ago
LeniGas Cuba (CUBA) fans will remember that they purchased a 15.8% interest in MEO Australia on 29 February as described below in its announcement. They will remember how Jabba The Hutt ramped this news via twitter to the morons who follow him and trust him with their hard earned cash. Hmmmmm.
3175 days ago
Five days ago we revealed that David Lenigas himself was trying to arrange a £5 million bailout placing for insolvent LGO Energy (LGO) which would see Jabba go back on the board and hapless CEO Neil Ritson pushed into the long grass a couple of months later. We have emails from broker Dowgate to potential investors explaining Jabba's plans and saying that the placing would close well before the end of last week. There has been no RNS. Clearly - and not surprisingly - the placement is struggling big time and so LGO has today released ramptastic bollocks from Goudron to try to spoof punters into backing the bailout.
3177 days ago
Solo Oil (SOLO) the David Lenigas created POS cannot stop telling us more ramptastic news from Horse Hill yet its shares are sliding again today. Why? Well there is a missing RNS on its acqusition out in Bongo Bongo land and the small matter of the placing it needs to do ASAP to pay for that deal and to stop the company going bust.
3187 days ago
I ask you to examine two RNS statements issued by Lenigas ramp (how's the placing going) UK Oil & Gas (UKOG) concerning Horse Hill flow rates from 29 February. Then let's do some Leni-maths.
3192 days ago
I have noted before that the little watched internet TV channel tipTV charges companies to appear then serves up a soft ramptastic interview and fails to declare that it is being paid to pull its punches and assist the rampathon. This is wholly unacceptable but tip TV persists. I guess it needs the cash.
The last reported accounts (year to September 30 2014 - HERE) showed losses of £178,717 and period end net current assets of £102,204. Hmmmm sweet FA viewers, spunking £15,000 pcm it does not look good. Better get a few more companies to pay for ramptastic interviews. But it gets worse. I am reliably informed that the company was almost out of cash just before Christmas so we can assume that when 2015 accounts finally come out they will also be a train-wreck. Oh...it gets even worse...
David Lenigas companies have been among those getting interviewed most often and in the softest possible terms by t1p TV interviews such as the investment prostitute Louise Cooper and Zak, the Sith Lord, Mir. Not only did these folks not tell their viewers that companies were paying for soft questions what they also neglected to mention is that a major shareholder in tip tv is David Bick.
Does that name ring a bell?
3196 days ago
Another day and another dismal attempt by David Lenigas to ramp shares in ailing Lenigas Cuba (CUBA) on the ISDX lobster pot. Hmmm. Lenigas tells us that ISDX - not AIM - is where the liquidity is so how come not one fucking share has traded in this company since 18 February with not one share traded after this latest ramp and with the shares (listed at 5p) stuck at 0.5p to sell just 3 months later? Answer please Mr Lenigas? And so to today's ramptastic bollocks from Jabba The Hutt.
3196 days ago
Thank you for your kind messages about my late cat Tara. Today I record with morbidly obese three legged Oakley listening and try to get him excited with an imaginary ffing dog. Actually it is the Chris Oil of cats. I explain. I also look at Stanley Gibbons (SGI), the London Stock Exchange (LSE) and the first placing into the Horse Hill ramp - Evocutis (EVO). Next will be - I predict - Solo (SOLO). I also look at ISDX lobster pots and David Lenigas lies ref Afriag (AFRI).
3202 days ago
Yesterday I pointed out how David Lenigas and others were ramping Horse Hill like mad to get rescue placings away for companies such as Solo which are at death's door. The ramp continues today with new flow data. But in a private email to clients a leading broker explains just why the Leni-maths does not stack up at all.
You will note that this broker has been threatened with legal action by David Lenigas before for daring to question him. But bravely, depite the bullying of Jabba, the broker notes:
3203 days ago
It was just five days ago that Magnolia Petroleum (MAGP) served up a gushing, ramptastic "operational update" neglecting to mention that it was insolvent. I warned you to sell then at 0.23p and here's why: today we saw a pitiful placing at 0.14p for spivs to flip which will keep the PLC lights on for just a couple of months more.
3208 days ago
Ramp ramp ramp, Neil Ritson of Solo Oil (SOLO) is in full ramptastic action right now as he tries to pump the shares ahead of a placing - just do the frigging maths, a discounted offering is inevitable. You can't do the maths? Let me assist.
3209 days ago
Hat Tip to reader "Inspector" for this point on the car crash IPO of the year 2015 Lenigas Cuba (CUBA) and its latest (failed) attempt to ramp the share price. On 9th February, Jabba The Hutt published the following update on his company's investment in Petro Australis:
3210 days ago
Eden Research (EDEN) needs to answer the clear questions about panama pump securities fraud and shady related party share pump & dumps if it is to stop its shares collapsing. Instead it has tried to keep its deluded followers happy with news from Greece. Sadly for it I know Greece rather well...
3211 days ago
I have an idea which cannot lose. This is a stockmarket scheme which has to be a winner. First we set up a new company...
The Company is called Rare Avanti Minerals PLC (RAMP) and its chairman will be David Lenigas - also responsible for twitter promotion - whilst its CEO will be the bombast David Williams Of Avanti Communications (AVN) infamy, who will be responsible for raising ooodles of bond finance so that we can drown in debt, as we seek to make a killing mining Rare Earth Minerals on the moon.
Nutec will be commissioned by Jabba
3213 days ago
We have already demonstrated that not only is Servision (SEV) teetering on the brink of insolvency (HERE), has a ludicrously aggressive revenue recognition policy (HERE) but that also it announces deals as pre-placing ramps then patently does not deliver on them HERE & HERE. Now lets look at a pre-placing ramp from Brazil from April 2015. This is a shocker.
3222 days ago
UK Oil & Gas (UKOG) is on the ramp again but when Stephen "I did not say there were 100 billion barrels except when I did say that" Sanderson ramps these days, folks remember Horse Hill and only the true lunatics still believe.
The ramp concerns "volumetric analysis" carried out by Xodus Group for Sanderson. What that means is reinterpreting old 2D seismic and data from a well drilled in 1974. It is therefore at every single level pure guesswork.
3225 days ago
AIM casino listed Servision (SEV) went public on New Year's Eve 2004 ad has been a serial disappointer ever since. More than eleven years on its shares have collapsed, more than $14.672 million has been sent to money heaven and the only commendation one can make is its consistency. It is always losses, more losses, more jam tomorrow and when's the placing? And it is that matter that needs addressing for the answer must be soon. Beware the ramp.
3231 days ago
Today's ramp de jour is Marechale (MAC) which I debunk completely. The same rampers were active in Peer TV (PTV) - see earlier - and Glenwick (GWIK). They are scumbags. I laugh at Lenigas Cuba (CUB) have you seen the latest trade? Then it is onto Environmental Recyclying (ENRT), Octagonal (OCT), LGO Energy (TOAST), Greatland Gold (GGP), STM Group (STM), Phorm (PHRM), Quantum Pharma (QP.), XCite Energy (XEL) and Bahamas Petroleum (BPC), both in my 11 oil stocks to go bust list.
3232 days ago
PeerTV (PTV) has lost $32 million since it joined AIM just under 5 years ago. It continues to burn cash and lose money. Its sales are trivial and it is drowning in debt. Its shares therefore have no value at all. Even as a cash shell it would have no value since it has no cash and vast borrowings. It is worthless. Full stop. Yet recent weeks have seen the pumpers in full flow in another sordid and shocking tale from the AIM casino.
3324 days ago
We will ignore the preposterous Lenigas Cuba as we already know that it is trying to rope in suckers to pay 5p – a mere 25,000% premium to what Big Dave paid for his own shares just three months ago. But which of the other companies associated with the fat Aussie share ramper will be next to place?
3328 days ago
Another day and another ramping announcement of sod all import from twitter moron fave CEB Resources (CEB). If the CEO is not appearing on a paid for interview on tips TV patting away daft questions from the Sith Lord Zak Mir, he is busy churning our more IR guff. But the big question he will not answer.
3330 days ago
After last night’s documentary on the BBC David Lenigas responded by sending me emails at 3.43 AM and 3.47 AM and by tweeting personal abuse. He did not answer questions about how he & Steve Sanderson ramped shares in UK Oil & Gas (UKOG) with unjustifiable claims about Horse Hill. Big Dave you want war? Ok tell me about Mick Shemasian.
3334 days ago
We have already flagged that AIM-Cesspit POS Golden Saint Resources (GSR) was out of cash HERE. Today we find that despite pre-placing ramps (see HERE and HERE) it appears that it is out of friends too. This morning, it appears that the company could not even get a keep-the-lights-on placing away, and has had to turn to a death spiral. Except that it could not even go to any of the usual players there either, turning instead to crowd-funding. And to cap it all, this funding round has not yet been completed – today’s RNS simply announces of its launch. This is a slam-dunk sell.
3479 days ago
Since 23 March Touchstone Gold (TGL) has realeased 4 RNS Reach statements. An RNS Reach is a statement that is not financially material but allows company's to ramp their shares bu hoodwinking mug punters into thinking that they are of great import. And the 4 releases were indeed true ramperoonie drivel. The shares responded heading up to 0.9p to buy so guess what happened next?
3527 days ago
For the benefit of one reader in particular this podcast explains the difference between a share tip and a ramp, it explains pump and dump, it looks back to historic cases such as the City Slickers and explains why Bulletin Board Morons use the words differently to normal human beings.
3788 days ago
Another day and another “contract win” announced by Avanti Communications (AVN) – natch the value is undisclosed. Friday’s Victor Meldrew “contract win” was – as I explained HERE – very peculiar indeed. And the directors are all making small share purchases. Its ramp ramp ramp time because Avanti desperately needs to do a placing.
Let’s start with the director share purchases so proudly trumpeted by arch bombast and uber-Welsh CEO David Williams. Well so what boyo? What about Caledonia? Caledonia who you say?
3809 days ago
I flagged up 6 days ago on 10th June that Concha (CHA) was at 2.18p the most ramped and overvalue stock on AIM. The shares are now 1.55p and the stock remains grotesquely overvalued, a point reinforced by a statement on 11th June by chairman Chris Akers who really is a prize bullshitter.
The statement came out on the 11th and reads:
3815 days ago
If you have a spare one hour and 49 minutes and want to listen to a comedian spouting total bullshit we are here to help with the assistance of wee Brian “It’s The Way I tell ‘em” McDonnell the man in charge of the POS joke GXG listed company US Oil & Gas (USOP). Before you listen remember:
US Oil & Gas and Brian are proven serial liars – see HERE
US Oil & Gas was kicked off ISDX for regulatory failures (a heroic achievement) – see HERE
Brian wants no independent boardroom scrutiny as I revealed earlier today HERE
US Oil & Gas was floated by serial promoter of utter shite Liam McGrattan – see HERE
US Oil & Gas is a worthless piece of shite traded on a joke market and fair terminal value ( and it will be terminal) is 0p – see HERE
Devoted followers of this POS, The USOPians,
3815 days ago
Concha (CHA) is quite possibly the biggest ramp on AIM. I Know that my pal Nigel Wray owns 10% but, sorry mate, the current valuation is just ludicrous.
This company was floated by Chris Akers as an investment vehicle last year and within six month it had poured nearly all its cash into companies that essentially – turned out to be frauds.
4133 days ago
AIM Cesspit posterboy Sefton Resources (SER) which is suing me for libel has got no money and is burning cash. It is therefore must do to an equity placing or death spiral drawdown pronto to survive and so has put out its second RNS in two weeks which is not only a ramp but a piss poor ramp to boot. Focus on: how it spins falling output how it announces the same thing twice and how it spins the fact that yet again it cannot publish Comical Ali’s steam flooding report. And remember this is a ramp ahead of a placing which will have to be at a big discount to the current share price.
